2013 July : AsiaNet-Pakistan

Archive for July, 2013

Samba Bank Limited’s meeting in progress/ 65th meeting of the board of directors

July 31, 2013 | Board Meetings

Karachi, July 31, 2013 (PPI-OT): Reference to our earlier letter dated July 24 and 26 2013, please note that the 65th Meeting of the Board of Directors of Samba Bank Limited (SBL) is in progress and since it is likely that the said meeting will continue after 2:00 p.m. therefore, we will communicate to you […]

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The Karachi Stock Exchange Limited’s suspension of trading in the shares of companies

Karachi, July 31, 2013 (PPI-OT): In continuation of our Notice No. KSE/N-3290 dated May 30, 2013. Since the following companies have not so far removed the cause of suspension of trading in their shares, it has been decided in the interest of trade and public and in exercise of the powers vested in the Exchange […]

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The Karachi Stock Exchange Limited’s suspension of trading in the shares of Hallmark Insurance Company Limited

Karachi, July 31, 2013 (PPI-OT): In continuation of our Notice No. KSE/N-3291 dated May 30, 2013. Pursuant to the directive received from Securities and Exchange Commission of Pakistan vide letter No.SMD/SE/2(247)/ 2013 dated July 30, 2013, trading in the shares of Hallmark Insurance Company Limited shall remain suspended for a further period of 60 days […]

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Pakistan State Oil Company Limited’s appointment of managing director

July 31, 2013 | Elections / Appointments

Karachi, July 31, 2013 (PPI-OT): We are pleased to inform you that as per Government of Pakistan Notification No. 2(5)/2011-Oil dated July 29, 2013, Mr. Amjad Parvez Janjua has been appointed as Managing Director of Pakistan State Oil Company Limited (PSO). Members of the Exchange may please be informed accordingly. For more information, contact: Faisal […]

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Chakwal Spinning Mills Limited’s dispatch of dividend warrants

July 31, 2013 | Dividend Distribution

Karachi, July 31, 2013 (PPI-OT): We are pleased to inform that the interim dividend warrants for the year ended June 30, 2013 have been dispatched to the share holders on their addresses registered with the company. In case of non-receipt, the shareholders should inform the undersigned on the following address and also send latest copy […]

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Sui Southern Gas Company Limited’s annual general meeting

July 31, 2013 | Board Meetings

Karachi, July 31, 2013 (PPI-OT): We refer to our letter of even number dated 26 June 2013 on the above noted subject. We wish to inform you that the Company is holding its Annual General Meeting on 30 October 2013 at 10:30 a.m. in the Pearl Continental Hotel, Karachi. You are requested to note the […]

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GlaxoSmithKline Pakistan Limited’s board meeting

July 31, 2013 | Board Meetings

Karachi, July 31, 2013 (PPI-OT): Please refer to the Karachi Stock Exchange letter (Re No. KSE/Gen-4064) dated July 25, 2013 and also our letter dated July 30, 2013. We wish to inform Karachi Stock Exchange Limited that in this meeting the Board of Directors of GSK Pakistan gave its approval to the management to evaluate […]

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Faran Sugar Mills Limited’s financial result for the third quarter ended June 30, 2013

July 31, 2013 | Financial Results

Karachi, July 31, 2013 (PPI-OT): Ws have to inform you that the Board of Directors of our Company in their meeting held on 30th July, 2013 at 2:30 P.M. at our registered office of the Company, 2nd Floor Bank House No. 1, Habib Square, M.A. Jinnah Road, Karachi recommended the following. (i) Cash Dividend Nil […]

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Secretary Communication urges high ups of Pakistan Post to improve their financial and administrative system for providing letter service to people

July 31, 2013 | Government Institutions

Islamabad, July 31, 2013 (PPI-OT): Federal Secretary Communication Mohammad Arshad Bhatti has urged the high ups of Pakistan Post to further improve their financial and administrative system for providing letter service to the people. He was presiding over a high level meeting of Pakistan Post here on Monday. Mohammad Arshad Bhatti said, under the leadership […]

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Chief of Naval Staff Admiral Asif Sandila visits Chinese hospital ship Peace Ark

July 31, 2013 | Government Institutions

Karachi, July 31, 2013 (PPI-OT): Chinese hospital ship ‘Peace Ark’ has started its medical services to the Pakistani patients. More than 800 patients have been treated by the medical teams of Chinese Navy hospital ship ‘Peace Ark’, in which around 500 patients were treated onboard and almost 300 cases on matters of surgical, orthopedic, dental […]

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President of Turkey felicitates President-elect Mamnoon Hussain

July 31, 2013 | Government Institutions

Islamabad, July 31, 2013 (PPI-OT): President of the Republic of Turkey, H.E. Mr. Abdullah Gul has sent following message of felicitations to the President-elect of Pakistan, Mamnoon Hussain. “Ankara, July 30, 2013 H.E. Mr. Mamnoon Hussain President Elect of the Islamic Republic of Pakistan Honourable President Elect, Dear Brother, On the occasion of being elected […]

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AKD Quotidian about — UBL: 1HCY13 Result Preview

July 31, 2013 | Brokerage

Karachi, July 31, 2013 (PPI-OT): On a consolidated basis, AKD Securities expects UBL to post NPAT of PkR4.68bn (EPS: PkR3.82) in 2QCVI3, flat on a VoY basis but down by 4%QoQ. According to AKD Securities this will bring 1HCYIS NPAT to PkR9.18bn (EPS: PkR7.50) in 1HCYI3 against NPAT of PkR9.39bn (EPS: PkR7.67) in IHCY12, translating […]

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